BRICS nations take aim at dollar dominance.

[pknopp]

I've noted for years now this would happen. It was always argued that there was no way others are going to toss aside the dollar as the main form of currency. It is now simply a matter of time and then we will become like Venezuela with our unmanageable debt.

BRICS nations take aim at dollar dominance at latest summit

 

[1srelluc]

It may be too late if the chi-com economy is in the beginning phase of a tail-spin as many economists are saying now.

 

[pknopp]

It may be too late if the chi-com economy is in the beginning phase of a tail-spin as many economists are saying now.

Simply more of a reason for them to work towards ending the dollar dominance.

 

[1srelluc]

Simply more of a reason for them to work towards ending the dollar dominance.

Remember the powerhouse that the Japanese were and their fall that they never recover from?

That's what is being said of the chi-com economy now.

 

[CrusaderFrank]

You know part of BRICS strategy feels like goldfish trying to break out of their US $ tank.

 

[pknopp]

Remember the powerhouse that the Japanese were and their fall that they never recover from?

That's what is being said of the chi-com economy now.

China isn't alone in wanting to overthrow the dollar. When our economy is down we simply print. Other countries are believing they should be able to do the same.

 

[DudleySmith]

You know part of BRICS strategy feels like goldfish trying to break out of their US $ tank.

lol it's a joke; all the regimes involved are corrupt weasels who have and will screw each other in a heartbeat. They're just angling to see who is the bigger sucker the others can fleece. Their currencies are toilet paper.